The Legal Services Board (LSB) is the independent body responsible for overseeing the regulation of lawyers in England and Wales.
It is a non-departmental public body sponsored by the Ministry of Justice. Its costs are met entirely by a levy on the approved regulators of the legal profession.
The LSB is both politically and financially independent of Government.
The LSB was created by the Legal Services Act 2007 with a statutory mandate to deliver eight regulatory objectives including ensuring that regulation in the legal services sector is carried out in the public interest; and that the interests of the consumers of legal services are put at the heart of the legal system in England and Wales.
The LSB became fully active on 1 January 2010, when the new regulatory regime was activated by statute.
The LSB is responsible for appointing the Legal Services Consumer Panel as well as the Office for Legal Complaints, the body responsible for overseeing the Legal Ombudsman scheme.
It is a non-departmental public body sponsored by the Ministry of Justice. Its costs are met entirely by a levy on the approved regulators of the legal profession.
The LSB is both politically and financially independent of Government.
The LSB was created by the Legal Services Act 2007 with a statutory mandate to deliver eight regulatory objectives including ensuring that regulation in the legal services sector is carried out in the public interest; and that the interests of the consumers of legal services are put at the heart of the legal system in England and Wales.
The LSB became fully active on 1 January 2010, when the new regulatory regime was activated by statute.
The LSB is responsible for appointing the Legal Services Consumer Panel as well as the Office for Legal Complaints, the body responsible for overseeing the Legal Ombudsman scheme.
Location: United Kingdom, England, London
Employees: 11-50
Founded date: 2010
Mentions in press and media 18
| Date | Title | Description |
| 21.05.2026 | Lawyers say fee hikes punishes profession for regulator blunders | The legal watchdog plans to raise its funding by increasing lawyer fees to address past shortfalls, but the legal profession is frustrated, arguing they are being forced to pay for the regulator’s own failures and legacy issues, writes Mari... |
| 11.04.2025 | Westminster update: Law Society addresses the UK-EU reset in the House of Lords | Legal Services Board (LSB) report The LSB has released a report on the performance of legal regulators. The assessment covers the period from June 2023 to September 2024. It assesses regulators leadership, effectiveness and operational deli... |
| 24.04.2024 | How AI will shape the future of the legal industry | The Department for Science, Innovation and Technology (DSIT) announced a £6.4 million grant for small and medium-sized enterprises (SMEs) to invest in AI-technology skills-based training. This development is the latest in a string of AI fun... |
| 15.04.2024 | Legal Tech Startup Lawhive Secures $12M in Seed Funding to Revolutionize Legal Services | London-based legal tech startup Lawhive has successfully raised $12 million in seed funding to expand its AI-driven platform for small law firms. The funding round, led by GV and Episode 1 Ventures, will fuel the company's mission to bring ... |
| 15.04.2024 | UK-based Lawhive raises €11.1M in GV-led Seed round after launching its AI lawyer ‘Lawrence’ | Read this article in: London-based Lawhive, an online legal platform that combines artificial intelligence with a regulated law firm, announced that it has secured £9.5M (approximately €11.13M) in a Seed round of funding. The investment was... |
| 15.04.2024 | Lawhive raises $12M to expand its legal tech AI platform for small firms | U.K.-based legal tech startup Lawhive, which offers an AI-based, in-house “lawyer” through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9 million) in a seed round to expand the reach of AI-drive... |
| 14.11.2023 | Blockchain.com $110M funding round halves its 2022 valuation: Report Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department How this all-in-one app bridges the gap ... | Crypto exchange and wallet provider Blockchain.com closed a $110-million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion. In a Nov. 14 blog post, Blockchain.com said the closing of it... |
| 14.11.2023 | FTX, BlockFi claims settlement allowed to proceed, judge declares Tether credits USDT growth surge to ETF excitement, emerging markets How this decentralized social media platform plans to bring the... | Bankrupt crypto companies FTX and BlockFi are allowed to proceed in negotiations for their claims settlement, according to a new court filing. On Nov. 13, United States bankruptcy Judge Michael Kaplan ordered the end of an automatic holding... |
| 14.11.2023 | Owner of Hong Kong crypto exchange OSL secures $90M investment Swan Bitcoin to terminate customer accounts that use crypto-mixing services Privacy-first, copyright-friendly content is key to driving... | BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX. BC Technology entered into a partnership with BGX, which agreed to subscribe for sh... |
| 14.11.2023 | Uniswap launches Android wallet app with built-in swap function Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator Privacy-first, copyright-friendly content is key to driving Web3 adopti... | Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store. The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the nee... |
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